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Deals

Timber merchants and builders' materials
Cairngorm secures majority stake in Thornbridge Sawmills

Deal is the first for the Cairngorm Capital II fund, which closed in April 2017

  • Buyouts
  • 09 November 2017
Nursing homes
Terra Firma to walk away from Four Seasons

Creditor H/2 Capital had originally proposed that the GP retain an 11% stake in the business

  • UK / Ireland
  • 09 November 2017
Snappy conducts market research for companies
Caixa, Sabadell lead €1.3m round for Snappy

Mobile application developer intends to raise an additional funding round within two years

  • Expansion
  • 09 November 2017
Pet food and animal products
EQT's Musti ja Mirri buys VetZoo

EQT expects Musti ja Mirri's e-commerce sales to double from 7% to 14% as a result

  • Portfolio management
  • 09 November 2017
Womens fashion
3i sells Hobbs to Foschini after 13-year holding

GP originally acquired the womenswear retailer from Equistone in a £111m EV deal in 2004

  • Exits
  • 08 November 2017
Holiday homes and hotels
DN Capital in $15m series-B for Hostmaker

Thailand-based property developer Sansiri and Hong-Kong-based Gaw Capital lead the round

  • Expansion
  • 08 November 2017
Berlys is a bakery based in Spain
Ardian set to back Berlys SBO

GP will acquire the bakery in a deal valued in the €450-500m EV range, equating to a 10x EBITDA multiple

  • Buyouts
  • 08 November 2017
Paying for goods with giftcards and vouchers
Thrive, Passion in £71m round for Monzo

US investors Goodwater Capital and payment technology company Stripe are also taking part

  • Expansion
  • 08 November 2017
Lipsticks and other cosmetics
Citic Capital nears Axilone SBO

Chinese GP nears a buyout of the Paris-headquartered packaging supplier from Oaktree

  • Buyouts
  • 08 November 2017
Spanish fund closes and launches
Gala Capital buys 30% stake in Beka Finance

GP is understood to have taken its stake in the business as part of a capital increase

  • Expansion
  • 08 November 2017
Home care for the elderly or disabled
Phoenix sells Porthaven to Fremont

Care home operator has increased its number of locations fivefold under the GP's tenure

  • Buyouts
  • 08 November 2017
Electric screwdrivers and other tools
Rutland reaps 2.6x on £69m sale of Brandon Hire to VP

GP was invested in the UK-based tool and equipment rental company via its second fund

  • Exits
  • 08 November 2017
The temple of Apollo in Delphi
CVC's Etraveli buys E-Travel

Combined group projects its total transaction value to rise to €3bn by the end of 2017

  • Expansion
  • 08 November 2017
Chat bots and customer communication
Bayern Kapital in €7m funding round for Fineway

Corporate venture capital firms Mairdumont Ventures and Axel Springer also take part

  • Expansion
  • 08 November 2017
Business intelligence and financial reports
Elige Capital backs AB Report in MBO

Debt for the transaction was provided by Caisse d'Epargne and Banque Populaire

  • Buyouts
  • 08 November 2017
In-vitro biotechnology and diagnostics
Mezzanine fully exits BioVendor Group

GP fully realises its investment in the Czech diagnostics business after three years of ownership

  • Exits
  • 07 November 2017
Funding for charitable programmes including for education in Uganda and Kenya
Calculus invests £2.2m in Every1Mobile

Mobile-enabled social impact organisation will use the funding to expand its geographic remit

  • Expansion
  • 07 November 2017
Circuit boards and electronic components
Endurance Capital sells Elsold to Tamura Corporation

Japanese strategic investor will use Elsold as a platform for European expansion

  • Exits
  • 07 November 2017
Aksia makes double acquisition of Italian call centre operators Contacta and Visiant
BPI France et al. back Conecteo in MBO

GPs take part in a new round of funding for French customer interaction software developer

  • Buyouts
  • 07 November 2017
Northern Lights
Mayfair's Tour Partner in Trans Nordic Tours bolt-on

Deal is the third acquisition for the private-equity-backed buy-and-build platform

  • Portfolio management
  • 07 November 2017
A close up inspection of the consolidation strategies playing out in the Nordic enterprise software market
BNP Paribas, Normandie Participations inject €2m into Alticap

GPs invest in the French IT firm with debt provided by BPI France and CIC

  • Expansion
  • 07 November 2017
Call centres
Vector injects $77m into CloudSense

Commerce software business will expand its North American presence following the deal

  • Expansion
  • 07 November 2017
W.AG manufactures plastic packaging cases
Aheim sells WAG to Kieger, CIC Capital

End of a three-and-a-half-year holding for Aheim, which wholly acquired the company in 2014

  • Exits
  • 07 November 2017
Textiles manufacturers
PE-backed Imprima bolts on Set

GP acquired the textile printing business via its €215m fourth fund, Wisequity IV, in March 2016

  • Portfolio management
  • 07 November 2017
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